Tag: Capacity

The two-decade long history of power reforms in emerging economies has returned a mix of successes and failures. Building and financing adequate new electricity generation capacity remains a persistent problem in developing countries. To address capacity shortfalls and the lack of capital available for new units, the conventional wisdom has been to create competitive electricity […]

For almost 20 years since the Single European Act of 1987 the European Commission, in cooperation with the Council and Parliament, has being pursuing a programme to complete the internal market for electricity and gas. Much of the initial motivation sprang from concerns about the international competitiveness of European industries, but it has expanded to […]

Power and Order: the Energy Dimension, also by Dr Robert Skinner, for his introduction of ‘Power and Order: the Energy Dimension’ for the Global Policy Council conference “Global Power and International Order in the 21st Century” held in Berlin, 2-3 June 2006.

The England & Wales Electricity Pool (‘the Pool’) began trading on 1 April 1990 and was the centrepiece of UK electricity market deregulation and price liberalisation. As one of the first examples of a competitive wholesale electricity market anywhere in the world’ it was copied, almost in entirety in some cases, by a number of […]

The Single European Act (EU, 1988) established the general principle of a single European ‘internal market’, rather than many separate national markets, for goods and services in the European Union (EU). The European Commission (EC) working document on the Internal Energy Market (EC, 1988) was published as a direct result, and led to a range […]

The principal feature of the “1990 oil price shock is that it is a crisis not only of crude oil supplies but also of oil products. The invasion of Kuwait and the subsequent embargo of Iraq and Kuwait have resulted in the loss of between 4.5 and 5.16 mb/d of crude oil supplies (see OIES, […]